Shearman

Litera Acquires BigSquare, a Top Financial and Business Intelligence Provider

Retrieved on: 
Wednesday, August 10, 2022

Litera, a global leader in legal technology solutions, announced today it had acquired BigSquare, a top provider of financial and business intelligence (BI) to law firms.

Key Points: 
  • Litera, a global leader in legal technology solutions, announced today it had acquired BigSquare, a top provider of financial and business intelligence (BI) to law firms.
  • Adding BigSquare to the Litera solutions portfolio will empower law firms to make better financial decisions with instant access to financial data and insights.
  • BigSquares BI software retrieves, analyzes, and visualizes financial data onto an elegant, highly configurable financial intelligence dashboard that is easy to digest and understand.
  • Commenting on the deal, Sheryl Hoskins, Litera CEO, said, Law firms continue to seek and move to cloud-based solutions, including financial BI.

FileTrail to Unveil First-of-Its-Kind Information Governance Platform Offering Comprehensive View into All Physical and Electronic Records Through a Single Pane of Glass

Retrieved on: 
Wednesday, August 10, 2022

FileTrail is unveiling its latest IG platform at ILTACON 2022 , where the company is a gold-level sponsor.

Key Points: 
  • FileTrail is unveiling its latest IG platform at ILTACON 2022 , where the company is a gold-level sponsor.
  • FileTrail recently expanded its partner program, further enhancing client service by adding resources for sales and implementation of FileTrail platforms.
  • Founded in 2000, FileTrail is the leader in information governance and records management solutions for highly regulated markets throughout North America, the U.K. and Europe.
  • Designed as an integrated enterprise software solution, FileTrail serves large enterprises, internal legal departments and law firms with full life cycle information governance management.

Savoy Magazine Names Unisys General Counsel Claudius Sokenu to 2022 Most Influential Black Executives in Corporate America List

Retrieved on: 
Tuesday, July 19, 2022

BLUE BELL, Pa., July 19, 2022 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) today announced that Claudius Sokenu, senior vice president, general counsel and corporate secretary at Unisys, has been named to Savoy Magazine's 2022 Most Influential Black Executives in Corporate America list.

Key Points: 
  • Selection acknowledges Sokenu's leadership in global legal, corporate secretary and ethics and compliance functions
    BLUE BELL, Pa., July 19, 2022 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) today announced that Claudius Sokenu , senior vice president, general counsel and corporate secretary at Unisys, has been named to Savoy Magazine's 2022 Most Influential Black Executives in Corporate America list.
  • Sokenu joined Unisys in May 2022 to lead the company's legal, corporate secretary and ethics and compliance functions globally.
  • He previously served as senior vice president, global deputy general counsel and chief of staff to the general counsel at Cognizant.
  • Savoy Magazine's 2022 Most Influential Black Executives in Corporate America list showcases an elite representation of African-American men and women who have been recognized for their executive and business leadership in leading national and global corporations.

ISS, Leading Proxy Advisor, Formally Recommends Spirit Shareholders Vote Against Frontier Transaction

Retrieved on: 
Friday, July 15, 2022

JetBlue (NASDAQ: JBLU) issued the following statement regarding the revised recommendation issued by Institutional Shareholder Services (ISS), a leading proxy advisory firm:

Key Points: 
  • JetBlue (NASDAQ: JBLU) issued the following statement regarding the revised recommendation issued by Institutional Shareholder Services (ISS), a leading proxy advisory firm:
    We are pleased that ISS chose to formally update its recommendation to Spirit shareholders to vote AGAINST the Frontier transaction.
  • ISS concluded:
    The provisions of the JetBlue proposal ... appear more favorable for Spirit shareholders than the best-and-final merger terms from Frontier.
  • Shareholders are therefore recommended to vote AGAINST the proposed merger with Frontier.
  • We remain confident that Spirit shareholders continue to overwhelmingly recognize the clear superiority of our proposal, and strongly encourage them to vote AGAINST the Frontier transaction.

JetBlue Comments on Spirit’s Adjournment of Special Meeting

Retrieved on: 
Wednesday, July 13, 2022

Despite this and Spirits shareholders repeated and now increasingly public acknowledgements that JetBlues latest proposal is clearly superior in every respect, by moving the Special Meeting again, the Spirit Board is delaying the ability of Spirit shareholders to receive JetBlues superior terms.

Key Points: 
  • Despite this and Spirits shareholders repeated and now increasingly public acknowledgements that JetBlues latest proposal is clearly superior in every respect, by moving the Special Meeting again, the Spirit Board is delaying the ability of Spirit shareholders to receive JetBlues superior terms.
  • Goldman Sachs & Co. LLC is serving as JetBlues financial advisor and Shearman & Sterling LLP is serving as JetBlues legal advisor.
  • JetBlue is New York's Hometown Airline, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan.
  • JetBlue carries customers to more than 100 cities throughout the United States, Latin America, Caribbean, Canada, and United Kingdom.

JetBlue Comments on Spirit’s Adjournment of Special Meeting

Retrieved on: 
Friday, July 8, 2022

We strongly recommend that Spirit shareholders continue to let the Spirit Board know they want to receive the superior value JetBlue has proposed, by voting AGAINST the Frontier transaction.

Key Points: 
  • We strongly recommend that Spirit shareholders continue to let the Spirit Board know they want to receive the superior value JetBlue has proposed, by voting AGAINST the Frontier transaction.
  • Goldman Sachs & Co. LLC is serving as JetBlues financial advisor and Shearman & Sterling LLP is serving as JetBlues legal advisor.
  • JetBlue is New York's Hometown Airline, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan.
  • JetBlue carries customers to more than 100 cities throughout the United States, Latin America, Caribbean, Canada, and United Kingdom.

BESTEX RESEARCH APPOINTS PAUL MEROLLA AS GENERAL COUNSEL

Retrieved on: 
Tuesday, July 5, 2022

STAMFORD, Conn., July 5, 2022 /PRNewswire/ -- BestEx Research Group, LLC, a provider of high-performance algorithmic execution and measurement solutions for equities, futures, and foreign exchange trading, today announced the appointment of Paul Merolla as General Counsel.

Key Points: 
  • STAMFORD, Conn., July 5, 2022 /PRNewswire/ -- BestEx Research Group, LLC, a provider of high-performance algorithmic execution and measurement solutions for equities, futures, and foreign exchange trading, today announced the appointment of Paul Merolla as General Counsel.
  • Added Mr. Merolla, "I look forward to supporting and contributing to the continued growth and expansion of BestEx Research.
  • BestEx Research Group, LLC was founded in 2017 by a team of industry experts in systematic trading.
  • BestEx Research algorithms are reducing trading costs for buy-side managers and providing sell-side firms a seamless trading solution for their clients.

Hunton Andrews Kurth Expands Energy and Infrastructure Team with Addition of Counsel Christian Rudloff

Retrieved on: 
Thursday, June 30, 2022

New York, June 30, 2022 (GLOBE NEWSWIRE) -- Christian Rudloff , a project development and finance attorney who has advised on several transformative international infrastructure projects, has joined Hunton Andrews Kurth LLP as counsel in New York.

Key Points: 
  • New York, June 30, 2022 (GLOBE NEWSWIRE) -- Christian Rudloff , a project development and finance attorney who has advised on several transformative international infrastructure projects, has joined Hunton Andrews Kurth LLP as counsel in New York.
  • Christian is a highly-respected lawyer who brings additional strength to our Latin America, project finance and development and energy practices, said Jeff Schroeder , head of Hunton Andrews Kurths energy and infrastructure team.
  • Christians deep developer side perspective will complement our Latin America practice very well, said Alejandro Silva , international counsel with the energy and infrastructure team.
  • Hunton Andrews Kurths global energy and infrastructure team provides comprehensive finance, development, and infrastructure counsel to financial institutions, regulated and unregulated power companies, distributors and transportation companies, independent electric transmission companies, and others involved in the renewable energy, oil, gas, LNG, petrochemical, and nuclear industries.

JetBlue Comments on Spirit’s Adjournment of Special Meeting

Retrieved on: 
Thursday, June 30, 2022

Its clear that Spirit shareholders have now handed the Spirit Board an undeniable mandate to reach an agreement with JetBlue.

Key Points: 
  • Its clear that Spirit shareholders have now handed the Spirit Board an undeniable mandate to reach an agreement with JetBlue.
  • Goldman Sachs & Co. LLC is serving as JetBlues financial advisor and Shearman & Sterling LLP is serving as JetBlues legal advisor.
  • JetBlue is New York's Hometown Airline, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan.
  • JetBlue carries customers to more than 100 cities throughout the United States, Latin America, Caribbean, Canada, and United Kingdom.

Marathon Capital and Sumitomo Mitsui Banking Corporation Form Strategic Partnership

Retrieved on: 
Tuesday, June 28, 2022

CHICAGO, June 28, 2022 /PRNewswire/ -- Marathon Capital, LLC ("Marathon Capital"), a leading independent investment banking firm, has entered into a strategic collaboration agreement ("SCA") with Sumitomo Mitsui Banking Corporation ("SMBC"), one of the largest industrial, energy and infrastructure lenders in the world. SMBC is a member of SMBC Group, a top-tier global financial group headquartered in Tokyo with approximately $2 trillion of consolidated total assets. In conjunction with the SCA, the Parties have entered into a definitive agreement for a minority equity investment in Marathon Capital. The proceeds will be used to accelerate the firm's growth and expansion.

Key Points: 
  • Partnership to expand the reach and service offerings of both Marathon Capital and SMBC, providing clients comprehensive strategic and financial support necessary to facilitate their global energy transition goals
    CHICAGO, June 28, 2022 /PRNewswire/ -- Marathon Capital, LLC ("Marathon Capital"), a leading independent investment banking firm, has entered into a strategic collaboration agreement ("SCA") with Sumitomo Mitsui Banking Corporation ("SMBC"), one of the largest industrial, energy and infrastructure lenders in the world.
  • In conjunction with the SCA, the Parties have entered into a definitive agreement for a minority equity investment in Marathon Capital.
  • Under the SCA, Marathon Capital and SMBC will collaborate towards the origination and execution of new mandate activity covering strategic advisory, capital markets and credit solutions for both firms' clients globally.
  • Marathon Capital's strategic advisory practice will augment SMBC's global reach and market-leading credit, debt capital markets and structured finance capabilities.